HyperPNL
Onchain prop firm on Hyperliquid — 80% profit split, 9% max drawdown, and a transparent rule-based payout model.
HyperPNL is an onchain prop firm built on Hyperliquid. Traders pass a two-phase evaluation to earn a funded account and keep 80% of profits. Account sizes scale based on performance rather than being fixed at a hard cap.
All rules are published and rule-based — no discretionary conditions, no hidden requirements. If a rule isn't written, it isn't enforced.
Jurisdiction: HyperPNL is registered in the Cayman Islands.
Independently Verified Payouts
We independently verify HyperPNL's payouts using onchain data — tracking payout transactions directly from onchain wallets so anyone gets a verifiable, real-time view of what the firm actually pays out, not just what its documentation claims.
Evaluation Rules
The evaluation is split into two phases. Both balance and equity are tracked — a breach of any limit on either ends the challenge automatically.
Profit Target
Phase 1 requires a 10% profit target; Phase 2 requires 5%. When equity hits the target, all open positions are closed automatically and you advance to the next phase — no manual action needed.
Max Drawdown — 9% (Static)
The overall loss limit is a 9% static drawdown from the initial account balance. This applies to both balance and equity at all times and does not reset or trail upward.
Max Daily Drawdown — 5% (Dynamic)
The daily drawdown limit is 5% and recalculates each day at 00:00 UTC based on your equity at that moment. This means a profitable day raises the next day's floor — the limit scales with your account as you grow.
Minimum Profitable Days
Phase 1 requires at least 2 profitable days; Phase 2 requires 3 profitable days. A day counts as profitable when your total PnL (realized + unrealized) reaches at least 0.5% of the initial account balance at any point during that day. Unrealized PnL counts in real time toward the current day's total — but if left open at day end, it does not retroactively qualify a previous day; it carries into the next day's tracking instead. Realized PnL is credited on the day the trade is closed, regardless of when it was opened.
Phase Duration — 30 Days
Each evaluation phase must be completed within 30 days. There is no time limit once you become a funded trader.
What's Not Enforced
HyperPNL keeps the ruleset minimal. There are no consistency rules, no maximum risk per trade, and no hidden or discretionary conditions. Multiple accounts and copy trading are not allowed — those are the only restrictions beyond the drawdown and profit target rules.
Payouts
Funded traders keep 80% of profits. To request a payout, your account must be at least 1% in profit with all drawdown limits intact. According to HyperPNL's documentation, payouts are processed automatically by the system with no manual reviews or approval queues, following transparent rule-based logic.
We independently verify HyperPNL's payouts using onchain data — see the onchain payout chart above for a verifiable, real-time view of what the firm actually pays out.
Frequently Asked Questions
How does the daily drawdown work on HyperPNL?
The 5% daily drawdown limit resets each day at 00:00 UTC and is calculated from your equity at that time. If your equity grew during the day, the next day's floor moves up with it. The limit does not change intraday — only at the daily reset.
How many profitable days do I need to pass the HyperPNL challenge?
Phase 1 requires 2 profitable days; Phase 2 requires 3. Each profitable day must show at least 0.5% PnL (realized + unrealized) of the initial balance at some point during that calendar day. Unrealized profits that are not closed do not count toward a different day.
How do HyperPNL payouts work?
HyperPNL's documentation states that once your funded account is at least 1% in profit and within all drawdown limits, the system processes the payout automatically with no manual review step. We independently verify this using onchain data — payout transactions are tracked directly from onchain wallets, shown in the Dune chart on this page.
Does HyperPNL have a consistency rule?
No. HyperPNL explicitly states there are no consistency rules and no maximum risk per trade. Only the published profit targets, drawdown limits, and minimum profitable day requirements apply.